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EU unveils 1bn-euro supercomputer plan to rival China

The EU unveiled plans Thursday to raise one billion euros to build superfast computers that catch up with China and others to boost Europe's economy, make medical advances and fight hacking.  .....»»

Category: topSource: moneycentralJan 12th, 2018

Germany"s Daimler earnings to get a $2 billion boost from tax cut

Germany-based carmaker Daimler AG said it expects the tax cut signed by President Donald Trump Friday to result in an increase in 2017 net income by 1.7 billion euro, or the equivalent of $2.02 billion at current exchange rates. Daimler sa.....»»

Category: topSource: marketwatchDec 22nd, 2017

Tax cut to give German carmaker Daimler"s earnings a $2 billion boost

Germany-based carmaker Daimler AG said it expects the tax cut signed by President Donald Trump Friday to result in an increase in 2017 net income by 1.7 billion euro, or the equivalent of $2.02 billion at current exchange rates. Daimler sa.....»»

Category: topSource: marketwatchDec 22nd, 2017

Indian firms in Germany generated Euro 11 bn revenue in 2016: CII

Between 2010 and 2016, Germany was the second-largest recipient of Indian FDI in Europe with 96 projects......»»

Category: topSource: business-standardDec 3rd, 2017

Intel wins boost in fight over $1.26 billion antitrust fine

Intel Corp. won a boost in its eight-year fight with the European Union over a 1.06 billion-euro ($1.26 billion) fine in a case that could have ramifications for a list of disputes involving U.S. tech giants including Google and Apple Inc......»»

Category: topSource: moneycentralSep 6th, 2017

World"s biggest pension fund rides stocks to $46 billion gain

The world’s biggest pension fund posted its fourth-straight quarterly gain, as global stocks rose and a decline in the yen against both the dollar and the euro helped boost the value of its overseas investments......»»

Category: topSource: moneycentralAug 4th, 2017

World"s biggest pension fund rides stocks to $46 billion gain

The world’s biggest pension fund posted its fourth-straight quarterly gain, as global stocks rose and a decline in the yen against both the dollar and the euro helped boost the value of its overseas investments......»»

Category: topSource: moneycentralAug 4th, 2017

Veolia has leeway for multi-billion euro acquisition, CEO says

AIX-EN-PROVENCE, France (Reuters) - French utility Veolia has the financial firepower to make a multi-billion euro acquisition, its chief executive said on Saturday......»»

Category: topSource: reutersJul 8th, 2017

Merkel, Macron plot reform path: rocky road ahead?

The leaders of Germany and France met on Thursday to try to work out a common position on reforming the euro zone, a sensitive issue that is testing the new government in Berlin just a month after it took office. David Pollard reports......»»

Category: videoSource: reuters5 hr. 50 min. ago

Eni to Invest 7 Billion Euro in Italy, Advances With Merakes

Eni (E) reports an increase in first-quarter 2018 production by 4% year over year. Eni S.p.A. E recentl.....»»

Category: personnelSource: nyt7 hr. 50 min. ago

Lockheed teams up with more German firms on military helicopter bid

BERLIN (Reuters) - Lockheed Martin Corp's Sikorsky has partnererd with more German firms in its bid to win a 4 billion euro ($5 billion) heavy-lift helicopter contract from Berlin, and will showcase the industrial team at next week's Berlin air show......»»

Category: topSource: reutersApr 18th, 2018

Boost for ECB hawks as euro zone inflation rises

Euro zone inflation increased in line with expectations in March mainly due to more costly food and services, data showed on Wednesday, providing modest support to European Central Bank policymakers pushing to wind down its stimulus. Ciara Lee reports......»»

Category: videoSource: reutersApr 4th, 2018

Is France"s Macron What The European Economies And The Euro Need?

Is France"s Macron What The European Economies And The Euro Need?.....»»

Category: topSource: seekingalphaMar 27th, 2018

Greece gets green light for 6.7 billion euro bailout batch

Europe's bailout fund has approved a 6.7 billion euro ($8.32 billion) loan installment to Greece as part of its third international rescue program, with payment of the first 5.7 billion euros expected this week......»»

Category: topSource: foxnewsMar 27th, 2018

Akzo Nobel reshapes business with 10 billion euro sale

AMSTERDAM (Reuters) - Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers led by Carlyle Group, the maker of Dulux paints said on Tuesday, making good on a promise made as it fought off a takeover last year......»»

Category: topSource: reutersMar 27th, 2018

Akzo Nobel reshapes business with 10 billion euro sale - Reuters

ReutersAkzo Nobel reshapes business with 10 billion euro saleReutersAMSTERDAM (Reuters) - Akzo Nobel will sell its chemicals business in a 10.1 b.....»»

Category: topSource: googlenewsMar 27th, 2018

Billion Euro Bank Cybercrime Suspect Arrested In Spain

Good news for the security and banking industries with news of a cyber-crime masterm.....»»

Category: blogSource: valuewalkMar 26th, 2018

Deutsche Bank Plunges To 16-Month Lows, Bank Credit Risk Spikes

Deutsche Bank shares are down 5%, at their lowest since Nov 2016 (near post-crisis lows), after warning that euro strength and higher funding costs will weigh on revenue in the securities unit this qua.....»»

Category: blogSource: zerohedgeMar 21st, 2018

EU Preparing To Unleash First-Ever Regulations Targeting Search Engines

Roughly nine months after Google's parent company Alphabet was slapped with a 2.4 billion euro fine for "abusing its dominance in search," Brussels bureaucrats are reportedly preparing to take.....»»

Category: blogSource: zerohedgeMar 14th, 2018

Italy"s Leonardo prime contractor in 3 billion euro Qatari helicopter deal ‍​

MILAN (Reuters) - Italy's defence group Leonardo said on Wednesday it would act as prime contractor in a 3 billion euro ($3.71 billion) helicopter deal Qatar's Ministry of Defence signed with the NHI Consortium......»»

Category: topSource: reutersMar 14th, 2018